Global Online Education Market Opportunities and Forecast 2020-2027
- DLR502
- 21 December, 2020
- Service & Software
- Pages: 120
- Global
Global Online Education Market, by Component (Hardware and Software), by Product (Content and services), by Technology (Mobile e-learning, Learning Management System (LMS), Application Simulation Tool, Rapid e-learning, Podcasts, and Virtual Classroom) by Industry vertical (Higher education institutions, K-12 schools, and Others), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2018 to 2027
The Global Online Education Market is expected to grow from USD 162.76 Billion in 2018 to USD 324.41 Billion by 2026 at a CAGR of 27.44% during the forecast period from 2018-2026.
The Global Online Education Market was valued at USD 162.76 Billion in 2018, is projected to reach USD 324.41 Billion by the end of 2026, exhibiting a CAGR of 27.44%. Online education is a platforms that facilitate learning through gaming are gaining popularity. Development in IT security and deployment of cloud based solutions has increased the adoption rate of online education system which helps people to enjoy a smooth learning experience on safe online platforms.
Market Overview:
Growing demand to reduce the cost of education, increasing government initiatives for supporting online education, and growing penetration of smartphones and internet are the primary factors propelling the growth of online education market. Advancement in artificial intelligence and implementation of cloud based solutions has increased the adoption rate of online education system. However, the availability of abundant free content and lack of awareness is hampering the market growth during the projected period.
The major key Vendors includes in the Online Education market are Ambow Education, CDEL, New Oriental Education and Technology, TAL, Vedantu, iTutorGroup, EF Education First, Chegg, Knewton, Tokyo Academics, Tata Interactive Systems, N2N Services, Microsoft, Saba Software, McGrawHill and many others.
Report Description:
The Global Online Education Market is expected to grow from USD 162.76 Billion in 2018 to USD 324.41 Billion by 2026 at a CAGR of 27.44% during the forecast period from 2018-2026.
The Global Online Education Market was valued at USD 162.76 Billion in 2018, is projected to reach USD 324.41 Billion by the end of 2026, exhibiting a CAGR of 27.44%. Online education is a platforms that facilitate learning through gaming are gaining popularity. Development in IT security and deployment of cloud based solutions has increased the adoption rate of online education system which helps people to enjoy a smooth learning experience on safe online platforms.
Market Overview:
Growing demand to reduce the cost of education, increasing government initiatives for supporting online education, and growing penetration of smartphones and internet are the primary factors propelling the growth of online education market. Advancement in artificial intelligence and implementation of cloud based solutions has increased the adoption rate of online education system. However, the availability of abundant free content and lack of awareness is hampering the market growth during the projected period.
The major key Vendors includes in the Online Education market are Ambow Education, CDEL, New Oriental Education and Technology, TAL, Vedantu, iTutorGroup, EF Education First, Chegg, Knewton, Tokyo Academics, Tata Interactive Systems, N2N Services, Microsoft, Saba Software, McGrawHill and many others.
Report Description:
- The base year for the study has been considered 2018, historic year 2015, 2016, and 2017, the forecast period considered is from 2019 to 2026
- The study delivers a comprehensive analysis of Online education market by Component, Product, Technology, Application, Industry vertical and region
- The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026
- Porter’s Five Forces model is used in order to recognize the competitive scenario in the online education market. This report incorporates the industry analysis which is focused on providing an extensive view of the online education market
- The study also includes attractiveness analysis of vertical segment and region which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market
- The report provides company profile of the key players operating in the online education market and a comparative analysis based on their business overviews, product offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
- The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.
1 Report Overview
- 1.1 Study Scope
- 1.2 Key Market Segments
- 1.3 Players Covered
- 1.4 Market Analysis by Type
- 1.4.1 Global Online Education Market Size Growth Rate by Type (2013-2025)
- 1.4.2 Structured Tutoring
- 1.4.3 On-Demand Tutoring
- 1.5 Market by Application
- 1.5.1 Global Online Education Market Share by Application (2013-2025)
- 1.5.2 Pre-primary School
- 1.5.3 Primary School
- 1.5.4 Middle School
- 1.5.5 High School
- 1.6 Study Objectives
- 1.7 Years Considered
2 Global Growth Trends
- 2.1 Online Education Market Size
- 2.2 Online Education Growth Trends by Regions
- 2.2.1 Online Education Market Size by Regions (2013-2025)
- 2.2.2 Online Education Market Share by Regions (2013-2018)
- 2.3 Industry Trends
- 2.3.1 Market Top Trends
- 2.3.2 Market Drivers
- 2.3.3 Market Opportunities
3 Market Share by Key Players
- 3.1 Online Education Market Size by Manufacturers
- 3.1.1 Global Online Education Revenue by Manufacturers (2013-2018)
- 3.1.2 Global Online Education Revenue Market Share by Manufacturers (2013-2018)
- 3.1.3 Global Online Education Market Concentration Ratio (CR5 and HHI)
- 3.2 Online Education Key Players Head office and Area Served
- 3.3 Key Players Online Education Product/Solution/Service
- 3.4 Date of Enter into Online Education Market
- 3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type and Application
- 4.1 Global Online Education Market Size by Type (2013-2018)
- 4.2 Global Online Education Market Size by Application (2013-2018)
5 United States
- 5.1 United States Online Education Market Size (2013-2018)
- 5.2 Online Education Key Players in United States
- 5.3 United States Online Education Market Size by Type
- 5.4 United States Online Education Market Size by Application
6 Europe
- 6.1 Europe Online Education Market Size (2013-2018)
- 6.2 Online Education Key Players in Europe
- 6.3 Europe Online Education Market Size by Type
- 6.4 Europe Online Education Market Size by Application
7 China
- 7.1 China Online Education Market Size (2013-2018)
- 7.2 Online Education Key Players in China
- 7.3 China Online Education Market Size by Type
- 7.4 China Online Education Market Size by Application
8 Japan
- 8.1 Japan Online Education Market Size (2013-2018)
- 8.2 Online Education Key Players in Japan
- 8.3 Japan Online Education Market Size by Type
- 8.4 Japan Online Education Market Size by Application
9 Southeast Asia
- 9.1 Southeast Asia Online Education Market Size (2013-2018)
- 9.2 Online Education Key Players in Southeast Asia
- 9.3 Southeast Asia Online Education Market Size by Type
- 9.4 Southeast Asia Online Education Market Size by Application
10 India
- 10.1 India Online Education Market Size (2013-2018)
- 10.2 Online Education Key Players in India
- 10.3 India Online Education Market Size by Type
- 10.4 India Online Education Market Size by Application
11 Central & South America
- 11.1 Central & South America Online Education Market Size (2013-2018)
- 11.2 Online Education Key Players in Central & South America
- 11.3 Central & South America Online Education Market Size by Type
- 11.4 Central & South America Online Education Market Size by Application
12 International Players Profiles
- 12.1 Ambow Education
- 12.1.1 Ambow Education Company Details
- 12.1.2 Company Description and Business Overview
- 12.1.3 Online Education Introduction
- 12.1.4 Ambow Education Revenue in Online Education Business (2013-2018)
- 12.1.5 Ambow Education Recent Development
- 12.2 CDEL
- 12.2.1 CDEL Company Details
- 12.2.2 Company Description and Business Overview
- 12.2.3 Online Education Introduction
- 12.2.4 CDEL Revenue in Online Education Business (2013-2018)
- 12.2.5 CDEL Recent Development
- 12.3 New Oriental Education and Technology
- 12.3.1 New Oriental Education and Technology Company Details
- 12.3.2 Company Description and Business Overview
- 12.3.3 Online Education Introduction
- 12.3.4 New Oriental Education and Technology Revenue in Online Education Business (2013-2018)
- 12.3.5 New Oriental Education and Technology Recent Development
- 12.4 TAL
- 12.4.1 TAL Company Details
- 12.4.2 Company Description and Business Overview
- 12.4.3 Online Education Introduction
- 12.4.4 TAL Revenue in Online Education Business (2013-2018)
- 12.4.5 TAL Recent Development
- 12.5 Vedantu
- 12.5.1 Vedantu Company Details
- 12.5.2 Company Description and Business Overview
- 12.5.3 Online Education Introduction
- 12.5.4 Vedantu Revenue in Online Education Business (2013-2018)
- 12.5.5 Vedantu Recent Development
- 12.6 iTutorGroup
- 12.6.1 iTutorGroup Company Details
- 12.6.2 Company Description and Business Overview
- 12.6.3 Online Education Introduction
- 12.6.4 iTutorGroup Revenue in Online Education Business (2013-2018)
- 12.6.5 iTutorGroup Recent Development
- 12.7 EF Education First
- 12.7.1 EF Education First Company Details
- 12.7.2 Company Description and Business Overview
- 12.7.3 Online Education Introduction
- 12.7.4 EF Education First Revenue in Online Education Business (2013-2018)
- 12.7.5 EF Education First Recent Development
- 12.8 Chegg
- 12.8.1 Chegg Company Details
- 12.8.2 Company Description and Business Overview
- 12.8.3 Online Education Introduction
- 12.8.4 Chegg Revenue in Online Education Business (2013-2018)
- 12.8.5 Chegg Recent Development
- 12.9 Knewton
- 12.9.1 Knewton Company Details
- 12.9.2 Company Description and Business Overview
- 12.9.3 Online Education Introduction
- 12.9.4 Knewton Revenue in Online Education Business (2013-2018)
- 12.9.5 Knewton Recent Development
- 12.10 Tokyo Academics
- 12.10.1 Tokyo Academics Company Details
- 12.10.2 Company Description and Business Overview
- 12.10.3 Online Education Introduction
- 12.10.4 Tokyo Academics Revenue in Online Education Business (2013-2018)
- 12.10.5 Tokyo Academics Recent Development
- 12.11 Tata Interactive Systems
- 12.12 N2N Services
- 12.13 Microsoft
- 12.14 Saba Software
- 12.15 McGrawHill
- 12.16 YY
13 Market Forecast 2018-2025
- 13.1 Market Size Forecast by Regions
- 13.2 United States
- 13.3 Europe
- 13.4 China
- 13.5 Japan
- 13.6 Southeast Asia
- 13.7 India
- 13.8 Central & South America
- 13.9 Market Size Forecast by Product (2018-2025)
- 13.10 Market Size Forecast by Application (2018-2025)
14 Analyst's Viewpoints/Conclusions
15 Appendix
- 15.1 Research Methodology
- 15.1.1 Methodology/Research Approach
- 15.1.1.1 Research Programs/Design
- 15.1.1.2 Market Size Estimation
- 12.1.1.3 Market Breakdown and Data Triangulation
- 15.1.2 Data Source
- 15.1.2.1 Secondary Sources
- 15.1.2.2 Primary Sources
- 15.1.1 Methodology/Research Approach
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